2023 KHR to MNT Historical Review

YEARLY HIGH

0.8734 MNT

YEARLY LOW

0.8213 MNT

YEARLY AVERAGE

0.8426 MNT

2023 KHR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.8734. Conversely, the yearly low was recorded on February 5, dropping to 0.8213.

This high-to-low spread represents a total annual volatility of 0.0521 MNT. From a start-to-finish perspective, comparing the January average rate of 0.8281 to the December average rate of 0.8392, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8734 was up 5.32% compared to the 2022 peak of 0.8292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KHR based on timing:

Yearly Peak High 4,367 MNT

2022 Average 3,819 MNT

Yearly Trough Low 4,107 MNT

Transaction Impact: A difference of 260.45 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8696

0.8243

JanuMarcMayJulySeptNove

KHR to MNT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8465, compared to 0.8388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.8465

H2 Avg (Jul–Dec) 0.8388

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0301 MNT (High: 0.8685 / Low: 0.8384). On the other end, January was the most stable month, with a tight range of 0.0038 MNT (High: 0.8305 / Low: 0.8267).

March Spread (Volatile) ±0.0301

January Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0179 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.8658) against the same month in 2022 (average: 0.7355), the exchange rate shifted by +0.1302 (+17.70%).

2023 Avg (April) 0.8658

2022 Avg (April) 0.7355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8305	0.8267	0.8281
February	0.8428	0.8213	0.8340
March	0.8685	0.8384	0.8424
April	0.8734	0.8531	0.8658
May	0.8584	0.8525	0.8551
June	0.8582	0.8513	0.8535
July	0.8588	0.8354	0.8513
August	0.8392	0.8295	0.8334
September	0.8415	0.8262	0.8353
October	0.8397	0.8329	0.8354
November	0.8429	0.8348	0.8383
December	0.8444	0.8355	0.8392